Articles with tag: interchange

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E-invoicing: multiple approaches for top management to consider

01 Sep 2020 | E-invoicing, SCF & E-procurement

To adapt to the current situation and ride the tide of innovation, Bartłomiej Wójtowicz from Comarch, recommends business leaders to include e-invoicing digitisation into their organisational strategy

Comarch, e-invoicing, Data Management, Electronic Data Interchange, Online Distribution, e-Invoicing platform, Receipt, scanning, OCR, B2B, AP automation, Bartłomiej Wójtowicz

The A-Z of the Interchange Fee Regulation and how it shifts the industry – Interview with Payments Europe

24 Jul 2020 | Online Payments

Robrecht Vandormael, Secretary General from Payments Europe, explains the impact of the European Interchange Fee Regulation on merchants, card issuers, and payment providers and what we can expect from the future.

Robrecht Vandormael, Payments Europe, Interchange Fee Regulation, Regulation on Interchange Fees for Card-based payment transactions, European Commission, EY, Copenhagen Economics, interchange fees, cards, credit cards, card issuers, Belgian Minister of Economy, PSD2, SCA, payments, POS, merchants, retail, ecommerce

RBI report recommends incentives to popularise QR code transactions in India

23 Jul 2020 | Mobile Payments

The Reserve Bank of India (RBI) has released a report that shows why the government should provide incentives to popularise usage of QR code transactions.

The Reserve Bank of India, RBI, report, government, incentives, QR code, India, digital payments, Bharat QR, UPI QR, Proprietary QR, interoperable QR, KYC, merchant, electronic payment, interchange, RuPay Debit card

Galileo reveals payment cards solution

26 Jun 2020 | Cards

Galileo has announced the full launch of Galileo Instant, a frictionless solution for gig-economy, marketplace, ecommerce, fintech, and other businesses.

Galileo, payments, debit cards, financial institutions, interchange, digital banking, accounts, US

Supreme court rules in favour of merchants in landmark interchange fee case

18 Jun 2020 | Payments General

The UK Supreme Court has unanimously upheld the decision of the Court of Appeals in the interchange litigation case, finding the interchange fees set by Visa and Mastercard to be anti-competitive.

Visa, Mastercard, interchange fees, merchants, payments, retailers, card payments, UK

Mastercard and Visa lose legal round against UK retailers

18 Jun 2020 | Payments General

UK’s Supreme Court has come down to the decision that Visa and Mastercard infringed EU antitrust rules by illegally restricting competition in the acquiring market.

UK, Mastercard, Visa, retail, retailers, Sainsbury’s, Morrisons, Asda, Argos, transactions, multilateral interchange fees, MIFs, Court of Appeal, Europe, European Unions

Expensify launches booking service to its payment card platform

17 Jun 2020 | Cards

US-based company Expensify has rolled out a virtual assistant through which travellers can book flights, hotels, and rental cars via chat or email. 

Expensify, Concierge Travel, launch, booking service, Expensify Card, interchange fee, cards, COVID-19, Global Rescue, expense management, US, cardholders

How can you improve dropshipping processes in ecommerce? Two words – EDI systems

29 May 2020 | E-invoicing, SCF & E-procurement

Tomasz Spluszka, Comarch: In the dropshipping model, the order fulfilment process can be automated, meaning we can improve the efficiency with the help of Electronic Data Interchange

Comarch, dropshipping, ecommerce, EDI systems, Electronic Data Interchange, transactions, Classic Order Fulfillment Method, Dropshipping, data, seller, supplier, LSPs, cloud, B2B, supply chain, artificial intelligence, AI, machine learning, blockchain, cloud, LaRedoute

Covid-19 will spur EU payments dirigisme and protectionism

01 May 2020 | Online Payments

Eric Grover, Principal at Intrepid Ventures, analyses how the Covid-19 pandemic fuels EU’s dirigisme in payments by highlighting the main changes that were made

Eric Grover, Intrepid Ventures, COVID-19, payments, cards, fees, acquirers, banking, credit card interchange, US, EU, Visa, Mastercard, Pepsi

Visa interchange fee restructure to be delayed

01 Apr 2020 | Cards

Visa has announced that due to the COVID-19 crisis will delay the rollout of the new interchange fee structure, implementing it in July instead of April.

coronavirus, Visa, interchange fee, merchants, cards, consumer, ecommerce, retailers, transactions, cross-border

Interview with Andrew Cregan on the card fee landscape in the EEA

27 Mar 2020 | Cards

The Paypers interviewed Andrew Cregan, Head of Payment Policy, British Retail Consortium, to learn more about interchange fees’ impact on merchants

Andrew Cregan, British Retail Consortium, BRC, interchange fee, card fee, EEA, European Economic Area, merchants, scheme fees

TrueLayer offers Open Banking solution to reduce the impact of COVID-19

24 Mar 2020 | Online & Mobile Banking

UK-based Open Banking API provider TrueLayer has opened up its platform for assisting any individual or business during the COVID-19 outbreak. 

TrueLayer, Open Banking, fintech, financial technology, coronavirus, COVID-19, donation, card interchange fee, UK, Europe

Visa planning major changes to swipe fees, Bloomberg reports

05 Feb 2020 | Cards

Bloomberg has reported that Visa is planning the biggest changes in a decade to the rates US merchants pay to accept its cards.

Visa, interchange rate, merchants, ecommerce, payment processors, retailers, cards, US

BlueSnap adds enhanced features to its integration with Zuora

19 Dec 2019 | Digital Identity, Security & Online Fraud

Online payments technology company BlueSnap has added new features to their integration with Zuora, the cloud-based subscription management platform.

BlueSnap, integration, Zuora, online payments, subscriptions, management, accounts, conversion rates, direct debit, cards, security, interchange fees, 3DS, SCA, chargebacks

AsiaPay offers 3-D Secure 2.0 technology

05 Dec 2019 | Digital Identity, Security & Online Fraud

AsiaPay has completed certification for its EMV 3-D Secure (3DS) version 2.2 and announced its launch of Xecure 3DS 2.0s solution.

AsiaPay, launch, Xecure, 3DS 2.0, Asia, digital payment, authentication, merchants, PSPs, issuing banks, acquiring banks, risks, fraud, interchange rates

The challenges of a digitized supply chain

09 Sep 2019 | Expert Opinion

Arnaud François, Comarch E-Invoicing, discusses the digitization of companies, supply chain, and the implementation of EDI and electronic invoicing 

Arnaud François, Comarch E-Invoicing, supply chain, digitization, e-invoicing, EDI, electronic data interchange

Kraken acquires crypto-management solution Interchange

01 Aug 2019 | Cryptocurrencies

Kraken, a global cryptocurrency exchanges, has finalised its acquisition of Interchange, which offers crypto-asset management solutions for institutional players.

Interchange, Kraken, acquisition, cryptocurrency exchange, crypto management, US

CardFlight introduces Level 2 credit card processing support for SwipeSimple

27 Jun 2019 | Cards

CardFlight has introduced Level 2 credit card processing support for SwipeSimple to allow merchants to gather and track additional data points for each transaction.

CardFlight, credit card processing, credit card, SwipeSimple, merchant, interchange fee

A world first in reduced card processing fees

09 May 2019 | Expert Opinion

Kevin Smith, Riskskill: What does the inter-regional interchange fee rate picture look like today and where is it moving to?

Riskskill, interchange fee, card processing, merchant acquirers, Visa, Mastercard

Kroger rolls out QR-code-based mobile wallet

18 Feb 2019 | Payments General

Kroger has launched Kroger Pay, a QR-code-based mobile wallet that allows customers to load their payment and loyalty cards to pay for groceries and earn rewards points.

Kroger, QR-code mobile wallet, mobile payments, mobile wallet, US, Kroger Pay, Visa, card, interchange fee